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{j) Outreach Outcomes <br />1. Review of minor subdivision process for possible streamlining; <br />2. Review of Flexible Development Standards for possible amendment{s), more open <br />space with smaller lot size; <br />3. Revised staff recommendation for targeted densities, mare closely matched to <br />watershed areas. <br />- creation of Orange County/Town of Hillsborough Urban Transition Area Task Force <br />and update of 1991 Efland Area Study <br />- recognition of paradox surrounding property value -most want their own property <br />value to increase but maintain affordability for relatives and others. <br />(k} "A Tale of Two Areas" Rural Lands slide (incorporated by reference) <br />(1 } What property owners (sellers} want: high land value per acre, high land value per acre <br />regardless of lot size, and land equity. <br />(2} What future homeowners (buyers) want: low land value per acre, small lot value with a <br />low total cost; and large lot with a higher total cost <br />(3} What both want: size of lot (either small or large), high value for house and land for <br />building equity; less supply (fewer lots with less negative costly impacts); regulation and market <br />(less supply, coupled with stable or high demand, increased value of land andlor house; <br />community (fewer houses, less traffic, fewer people, conservative taxes, more services; <br />government (efficient and effective government to provide essential services in a cost effective <br />and sustainable manner}. <br />(4} What job market enthusiasts want (companies looking to locatelrelocate to area}: <br />More housing for their workforce. <br />(I} Rural Character and Farmland Protection (RCFP} Task Force <br />Charge: to examine strategies and develop recommendations, if any, regarding approaches for <br />the protection of rural character and farmland in Orange County, taking into account the <br />comments from the public outreach process that is ongoing. <br />RCFP Task Force to review the fallowing tools from the American Farmland Trust's List <br />of Farmland Preservation Tools: <br />- purchase development rights (PDR} <br />- transfer development rights <br />- mitigation <br />- agricultural protection zoning <br />- voluntary agricultural districts <br />- right-to-farm ordinances <br />- cluster zoning <br />- urban growth boundaries <br />- economic strategies <br />